May 30, 2023
The 2020 Nick Tyrrell Research Prize has been awarded to joint authors, Jean-Christophe Delfim and Prof. Martin Hoesli of the Geneva School of Economics and Management University of Geneva for their winning paper, ‘Real Estate in Mixed-Asset Portfolios for Various Investment Horizons’
The paper explores the role of real estate in a mixed-asset portfolio for various investment horizons and expands the literature by considering the various ways of gaining exposure to the asset class, i.e. direct real estate, REITs and non-listed real estate funds, as well as other alternative investments. The authors find that medium- to long-term investors should allocate 10% to 20% of their portfolio to direct real estate, whereas short-term investors should focus on open end core funds. You are invited to read the winning abstract below.
The Nick Tyrrell Research Prize is awarded annually to innovative and high-quality, applied research in real estate investment and is sponsored by INREV, IPF and SPR
If you would like to submit your paper for the chance to win next years prize, the deadline is 31 May 2021 and all submissions should be made via the secretariat for the prize, Dr Paul Kennedy and Iryna Pylypchuk (INREV) at firstname.lastname@example.org
Nick Tyrrell Prize Winning Paper 2020
Published on 30 Nov 2020
In 2020 the Nick Tyrrell Research Prize has been awarded to joint authors Jean-Christophe Delfim and Prof. Martin Hoesli of the Geneva School of Economics and Management University of Geneva, for their paper, 'Real Estate in Mixed-Asset Portfolios for Various Investment Horizons’